Crypto Users Turned to DEXs, Loaded up on USDC after Silicon Valley Bank Crash
With the failure of Silicon Valley Bank, investors loaded their bags with USD Coin $1.00, resulting in a fund flight from controlled exchanges.
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Bets on Solana ($SOL) and $XRP Investment Products Rise as Institutional Investor Outflows Hit New Record
Over the previous week, which saw record outflows from cryptocurrency investment products, institutional cryptocurrency investors increased their bets on cryptocurrency investment products offering.
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Circle Clears ‘substantially all’ Minting and Redemption Backlog for USDC
Circle says it has fulfilled “virtually all” of the redemption and minting requests for its USD Coin $1.00 stablecoin. Circle announced in a.
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Coinbase Met with Australian Banking Regulators Over Local Crypto Regulations
The Reserve Bank of Australia (RBA) and Treasury have been holding private talks with Coinbase executives to explore the future of crypto legislation.
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Circle USDC Rebounds From De-Pegging, but Stablecoin Observers See an Uncertain Future
Investors fled three days ago when Circle-issued USDC failed to keep its peg against the U.S. dollar. Messari data suggests Circle has taken.
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Decentralized Exchange (DEX) Trading Volumes Surged Nearly 250% Amid USDC, Stablecoin Crisis
During the stablecoin crisis earlier this week, which saw the value of USDC, the second-largest stablecoin by market capitalization, drop to $0.87 before.
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FTX and Alameda Addresses Suddenly Wake up, Move $190 Million on Exchanges
FTX, a cryptocurrency derivatives exchange, has been in the news recently due to the transfer of significant amounts of USDT and USDC to.
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Signature Bank’s Signet Platform Still Works, But Some Clients Have Moved On
As state officials closed Signature Bank on Sunday to “protect depositors,” Signet, a real-time payments platform popular with institutional crypto clients, will continue.
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Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian
According to a regulatory document that was published this month, crypto-focused venture capital and investing behemoth Pantera Capital formerly owned assets with a.
Coinbase Files Amicus Brief in Insider Trading Case: ‘We Need Rulemaking’
Coinbase stated in an amicus brief filed on Monday that while the digital assets it offers are not securities, the company would be.